Newell Brands Inc. (NASDAQ: NWL) witnessed a loss of -4.27% in recent trading period with closing price of $19.97. The company’s last traded volume of 5611640 shares vs to an average volume of 4787.95K shares. NWL as of last trading session moved at 53.14% from its 52-week low and was trading at -18.72% to its 52-week high.
Sunbeam® is part of Newell Brands’ global portfolio of leading brands is launching five new heating pads and wraps that use heat therapy, which is clinically-proven to relieve pain associated with muscle tension and stress and is a drug-free alternative to traditional pain-relieving medicines. The new innovations target ordinary, hard-to-treat areas of pain including the back, knee, elbow, arms and legs. From sore muscles and aching joints to stiffness and chronic pain, the new heating pads and wraps are designed to fit the needs of each consumer and include the Sunbeam® Heated Back Wrap, Sunbeam® GoHeat™ Portable Heated Patches, the Sunbeam® FlexTemp™ Hot & Cold Joint Wrap, the Sunbeam® FlexFit™ Heated Wrap and the Sunbeam® Wrapping Heating Pad with XpressHeat®
“Everyone experiences aches and pains – they can be the result of exercise, yardwork, an injury or even just the wear and tear your body goes through every day,” stated Patricia Gomez, Director of Brand Marketing, Sunbeam®. “Heat is nature’s original pain reliever, and our new suite of heating pads and wraps deliver hands-free, targeted heat therapy to alleviate pain whether it’s from the comfort of your own couch or on the go.”
The new Sunbeam® heat therapy innovations have comfortable, adjustable fits to target different areas of the body to suit individual needs. Each device offers at least three different heat settings, so consumers can customize their relief with the touch of a button.
EPS growth for this year is -39.20% and EPS growth for next year is expected to reach at -4.36%. EPS growth in past five years was -65.50% while EPS growth in next five years is projected to arrive at -13.75%. Sales growth past 5 years was measured at 9.00%. The Company has 423.3 million shares outstanding and 420.54 million shares were floated in market. The short ratio in the company’s stock is documented at 6.48 and the short float is around of 7.37%. The average true range of the stock is observed at 0.69 and the relative strength index of the stock is recorded at 57.65.